Archive · 3 Oct 2025
SEBI Approves IHH Healthcare's Fortis Stake Acquisition
Imagine a company from Malaysia, IHH Healthcare, wanted to buy more of a big hospital chain in India called Fortis Healthcare.
They first bought a part of it in 2018.
However, because of some disagreements and legal battles between previous owners and other companies, the plan to buy more shares got stuck.
Finally, after nearly seven years, the Indian government agency, SEBI, said it was okay for IHH to go ahead and buy the additional shares.
This means IHH can now own a bigger part of Fortis.
This decision ends a long wait and clears the way for the Malaysian company to increase its presence in the Indian healthcare market.
SEBI approved IHH Healthcare's open offer for a 26.1% stake in Fortis Healthcare.
The approval follows IHH's initial acquisition of a 31.1% stake in 2018.
The deal was delayed for years due to legal disputes involving Daiichi Sankyo and the Singh brothers.
IHH Healthcare is a global healthcare provider based in Malaysia.
The approval allows IHH to proceed with acquiring the additional stake in Fortis.
- Who
- IHH Healthcare Berhad and Fortis Healthcare
- What
- SEBI approved IHH's open offer to acquire an additional stake in Fortis Healthcare.
- When
- The approval was granted on October 1, 2025.
- Where
- India
- Why
- To allow IHH to increase its stake in Fortis, resolving a long-standing legal dispute.
- Company Acquiring Stake
- IHH Healthcare Berhad
- Target Company
- Fortis Healthcare
- Stake Percentage
- 26.1%
- Initial Acquisition Date
- 2018
- SEBI Approval Date
- October 1, 2025
- Original Deal Value
- ₹3,300 crore